Note 8 - Defaults and problem loans

Parent Bank
	31 Mar 2016			31 Mar 2015			2015
Total defaults (NOKm)	RM	CM	Total	RM	CM	Total	RM	CM	Total
Loans in default for more than 90 days *)	141	28	169	142	82	224	133	38	171
- Individual write-downs	14	13	27	18	39	58	15	8	23
Net defaults	127	15	142	123	43	166	119	30	148
Provison rate	10 %	47 %	16 %	13 %	48 %	26 %	11 %	22 %	13 %
Problem loans
Problem loans (not in default)	50	348	399	14	211	225	45	341	387
- Individual write-downs	20	143	163	7	87	94	13	139	152
Net problem loans	31	205	236	7	124	131	32	202	234
Provison rate	39 %	41 %	41 %	49 %	41 %	42 %	29 %	41 %	39 %
*) There are no defaults that relates to loans in the guarantee portfolio taken over from BN Bank per Q1

Group
	31 Mar 2016			31 Mar 2015			2015
Total defaults (NOKm)	RM	CM	Total	RM	CM	Total	RM	CM	Total
Loans in default for more than 90 days *)	164	41	205	155	107	262	155	50	205
- Individual write-downs	15	15	31	20	42	61	17	9	26
Net defaults	148	26	174	135	65	200	138	41	179
Provison rate	9 %	37 %	15 %	13 %	39 %	23 %	11 %	18 %	13 %
Problem loans
Problem loans (not in default)	56	356	411	15	219	234	49	350	399
- Individual write-downs	22	148	169	8	92	100	14	144	158
Net problem loans	34	208	242	7	127	134	34	206	241
Provison rate	39 %	41 %	41 %	54 %	42 %	43 %	30 %	41 %	40 %
*) There are no defaults that relates to loans in the guarantee portfolio taken over from BN Bank per Q1